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Total commits to four R&D institute projects

Total is partnering four of the R&D institute projects covered by the French government’s Investissements d’avenir (Investing in the Future) stimulus program. The projects are being implemented by public-private partnerships that combine academic and business resources in France to prepare the energy future. The projects cover the areas of photovoltaic solar energy, low-carbon geotechnology, biofuels and energy efficiency described below:

In the area of photovoltaic solar energy, Total will be one of the leaders of the IPVF project to create an R&D institute in the Paris region that will be one of the top five in the world for next-generation photovoltaic solar systems.
In the area of low-carbon geotechnology, the Geodenergies project is designed to unlock additional value from mineral resource development and management via carbon storage, energy storage and geothermal energy processes.
In the area of biofuels, the GreenStars project aims to develop next-generation biofuels and products from microalgae.
In the area of energy efficiency, the PS2E project aims to set up a research, training and development institute in Saclay, outside Paris, to address the energy efficiency challenges of industrial infrastructure in urban areas.

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22 March 2012